Amendments to this Subchapter may be initiated by community college trustees, members of professional staffs of community colleges, community college sponsors, members of their profes sional staffs, State University trustees and by members of the professional staff of State University of New York system administration. Proposed amendments shall be reported to the chancellor or designee, who will be responsible for having the proposals reviewed by the appropriate constituent groups and for reporting recommendations to the State University trustees. The chancellor, or designee, shall initiate review of this Subchapter every five years or in accordance with the State Administrative Procedure Act.